Åsen 118B - By kyrkby

Residential property located in By Kyrkby, in a strategic position approximately 25 minutes from Avesta town centre and only 13 minutes from Horndal. The property comprises a total of approximately 530 sqm, divided into ten residential apartments and two commercial premises. Of the floor area, approximately 480 sqm is residential space (BOA) and 50 sqm is commercial space (LOA). The total rental value amounts to approximately SEK 822,000 per year. There is currently some vacancy, which creates potential for value growth through letting and more efficient management. Operating costs amount to approximately SEK 204,500, which, at full occupancy, gives a calculated net operating income of approximately SEK 617,500. The property has efficient heating via ground-source heat with supplementary ground heat loops, contributing to low and stable operating costs. The area is further strengthened by the positive development in Horndal, where Google has announced and is planning major establishments within data centre operations. These investments are expected to contribute to increased employment, inward migration and a long-term improvement in housing demand in the surrounding area, making the property particularly attractive from an investment perspective.